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Tom Siebel, founder of Siebel Systems and current CEO of First Virtual Group, recaps a history of the information technology boom, and pronounces it a nearly stagnant sector. He focuses on the burgeoning interests in energy, healthcare, food and water, and other market possibilities to meet the needs of an expanding, aging, and more affluent global population.
George P. Shultz is the Thomas W. and Susan B. Ford Distinguished Fellow at the Hoover Institution. He was sworn in on July 16, 1982, as the sixtieth U.S. secretary of state and served until January 20, 1989. In January
1989, he rejoined Stanford University as the Jack Steele Parker Professor of International Economics at the Graduate School of Business and as a distinguished fellow at the Hoover Institution. He is a member of the board of directors of
Fremont Group and Accretive Health. He is chairman of the J. P. Morgan Chase International Council, chairman of the California governor's Council of Economic Advisers, and U.S. chair of the North American Forum. He is the advisory council
chair of the Precourt Institute for Energy Efficiency at Stanford University, chair of the MIT Energy Initiative External Advisory Board, and chair of the Energy Task Force at Hoover Institution. He was awarded the Medal of Freedom, the
nation's highest civilian honor, on January 19, 1989. He also received the Seoul Peace Prize (1992), the Eisenhower Medal for Leadership and Service (2001), and the Reagan Distinguished American Award (2002). He is the recipient of the
Elliot Richardson Prize for Excellence and Integrity in Public Service, the James H. Doolittle Award, and the John Witherspoon Medal for Distinguished Statesmanship. The George Shultz National Foreign Service Training Center in Arlington,
Virginia, was dedicated on May 29, 2002. Shultz was named a distinguished fellow of the American Economic Association in 2005. He received the American Spirit Award from the National World War II Museum in 2006 and the Truman Medal for
Economic Policy in 2007. His most recent publication is Putting Our House in Order: A Guide to Social Security and Health Care Reform (W.W. Norton, 2008), coauthored with John Shoven, Hoover senior fellow and director of the Stanford
Institute for Economic Policy Research. Hi
Josh Schwarzapel is the Product Manager for Cooliris Shopping. Josh has work experience performing ﬁnancial analysis for Smith Barney, and working on a marketing team at Fox Sports. He also has substantial
non-proﬁt experience, having founded a bridge organization to connect Stanford student volunteers and Accion Emprendadora, a non- proﬁt organization in Chile that educates and provides micro-ﬁnancial
services to poor entrepreneurs.
The team behind Cooliris - CEO Soujanya Bhumkar, Product Manager Josh Schwarzapel, and CTO Austin Shoemaker - discuss in detail the launch and management of their innovative web-discovery business. Topics discussed include cultivating vigorous start-up energy, building monetization into the product, and building an effective and talented team.
Six young Stanford grads and entrepreneurs -- Steven Garrity, Clara Shih, Kimber Lockhart, Jeff Seibert, Josh Reeves, and Tristan Harris -- share their experiences starting companies and raising capital. While being in their 20s may seem to be an obstacle to outsiders, they said they "flipped" this liability into an asset -- focusing instead on their raw ability to bring innovative ideas to life. They advise all young entrepreneurs to be persistent, opportunistic, and scrappy.
Angel investors are wealthy individuals who are often former entrepreneurs.
Private equity is investment capital in a startup that is not quoted on a public stock exchange.
Clinical trials are research studies to test the effectiveness of new medical approaches in people.
Total addressable market, or TAM, refers to the universe of revenue opportunities for a product or service.
It's the classic catch-22 for a healthcare entrepreneur: Her company is small until she lands a big client, but she has trouble accessing a big client as a small company.
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